# New Algae and Seaweed Startups Founded Since 2020: Market Map 2026 (26 Companies) > 26 algae and seaweed startups founded in 2020 or later, mapped in 3 segments, best-funded first: $88M raised. Updated nightly. Source: https://millionrounds.com/market-maps/new-algae-and-seaweed-startups-market-map (Millionrounds; every figure on the page links to its filing or article) ## Food and feed 13 - [Edonia](https://millionrounds.com/company/edonia) - [Alga Biosciences](https://millionrounds.com/company/alga-biosciences) - [OLALA!](https://millionrounds.com/company/olala) - [Macro Oceans](https://millionrounds.com/company/macro-oceans) - [Umaro Foods](https://millionrounds.com/company/umaro-foods) - [Koralo](https://millionrounds.com/company/koralo) - [Neptune Elements](https://millionrounds.com/company/neptune-elements) - [Quazy Foods](https://millionrounds.com/company/quazy-foods) - [BioMara](https://millionrounds.com/company/biomara) - [SUNSHIKI](https://millionrounds.com/company/sunshiki) - [Kybele's Garden](https://millionrounds.com/company/kybele-s-garden) - [Second Ocean](https://millionrounds.com/company/second-ocean) - [Sacred Seaplants](https://millionrounds.com/company/sacred-seaplants) ## Materials and packaging 8 - [Sway](https://millionrounds.com/company/sway) - [Kelpi](https://millionrounds.com/company/kelpi) - [Soarce](https://millionrounds.com/company/soarce) - [revoltech](https://millionrounds.com/company/revoltech) - [PlantSea](https://millionrounds.com/company/plantsea) - [ZeroCircle](https://millionrounds.com/company/zerocircle) - [Minus Materials](https://millionrounds.com/company/minus-materials) - [Algbio](https://millionrounds.com/company/algbio) ## Farming and cultivation 5 - [Samudra Oceans](https://millionrounds.com/company/samudra-oceans) - [Banyu](https://millionrounds.com/company/banyu) - [NeoEarth](https://millionrounds.com/company/neoearth) - [Algapelago](https://millionrounds.com/company/algapelago) - [Seaweed Generation](https://millionrounds.com/company/seaweed-generation) ## Segment by segment ### Food and feed 13 startups · $35M raised - [**Edonia**](https://millionrounds.com/company/edonia) Edonia offers plant-based protein food production with low processed & micro-algae based ingredients. France $18M - [**Alga Biosciences**](https://millionrounds.com/company/alga-biosciences) Alga Biosciences is a climate technology startup founded in 2021, based in San Francisco, California. United States $4.0M - [**OLALA!**](https://millionrounds.com/company/olala) OLALA! France $3.4M - [**Macro Oceans**](https://millionrounds.com/company/macro-oceans) Macro Oceans is focused on building a kelp economy to support a low carbon future. United States $2.5M - [**Umaro Foods**](https://millionrounds.com/company/umaro-foods) Umaro Foods specializes in developing a plant-based protein source from ocean-farmed seaweed. United States $2.0M - [**Koralo**](https://millionrounds.com/company/koralo) Koralo creates food enriching health and beauty, by mimicking oceans with patented co-fermentation technology of microalgae and mycelium. Germany $1.4M - [**Neptune Elements**](https://millionrounds.com/company/neptune-elements) Neptune Elements is a French food-tech startup founded in 2020, based in Camaret-sur-Mer, Brittany. France $1.0M - [**Quazy Foods**](https://millionrounds.com/company/quazy-foods) Quazy Foods is a biotechnology startup based in Berlin, founded in late 2021 by Arvid Seeberg-Elverfeldt and Berenike Zimmer. Germany $857K ### Materials and packaging 8 startups · $35M raised - [**Sway**](https://millionrounds.com/company/sway) Sway Innovation Co., also known as Sway, is a California-based cleantech and materials company focused on developing sustainable p United States $25M - [**Kelpi**](https://millionrounds.com/company/kelpi) Kelpi is a UK-based sustainable materials innovation company founded in 2020. United Kingdom $5.5M - [**Soarce**](https://millionrounds.com/company/soarce) Soarce synergizes seaweed and nanotechnology to produce high performing, protective, and low-carbon fabrics and leathers. United States $2.0M - [**revoltech**](https://millionrounds.com/company/revoltech) revoltech is a materials innovation company based in Darmstadt, Germany. Germany $1.1M - [**PlantSea**](https://millionrounds.com/company/plantsea) PlantSea manufactures and develops sustainable products using seaweed and aquaculture materials. United Kingdom $709K - [**ZeroCircle**](https://millionrounds.com/company/zerocircle) Zerocircle is a Pune-based cleantech and biotechnology startup founded in 2020. India $546K - [**Minus Materials**](https://millionrounds.com/company/minus-materials) Minus Materials grows carbon-negative, biorenewable limestone using microalgae United States $275K - [**Algbio**](https://millionrounds.com/company/algbio) Algbio treats wastewater and captures CO2 with microalgae to produce biofuels, bioplastics, biomaterials and generate carbon credits. Türkiye $120K ### Farming and cultivation 5 startups · $18M raised - [**Samudra Oceans**](https://millionrounds.com/company/samudra-oceans) Samudra Oceans is a London-based climate technology startup founded in 2022, focused on advancing ocean farming and blue carbon capture. United Kingdom $14M - [**Banyu**](https://millionrounds.com/company/banyu) BANYU is a technology-enabled seaweed company based in Greater Jakarta, Indonesia, founded in December 2023. Indonesia $1.3M - [**NeoEarth**](https://millionrounds.com/company/neoearth) NeoEarth is a French biotechnology startup founded in 2022 and based in Libourne, Gironde. France $1.1M - [**Algapelago**](https://millionrounds.com/company/algapelago) Algapelago is a regenerative ocean farming company founded in 2021, focused on creating sustainable seaweed forests. United Kingdom $807K - [**Seaweed Generation**](https://millionrounds.com/company/seaweed-generation) Seaweed Generation is a developer of robotic technologies to harness the power of seaweed cultivation systems to counteract climate change. United Kingdom $365K **How this map is made.** Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in algae and seaweed, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026. ## More market maps [All maps](https://millionrounds.com/market-maps) [Market map **Algae and seaweed market map** 65 startups · 3 segments · $1.9B](https://millionrounds.com/market-maps/algae-and-seaweed-market-map)[Market map · Europe **Algae and seaweed market map: Europe** 33 startups · 3 segments · $253M](https://millionrounds.com/market-maps/algae-and-seaweed-europe-market-map)[Market map · United States **Algae and seaweed market map: United States** 17 startups · 3 segments · $198M](https://millionrounds.com/market-maps/algae-and-seaweed-united-states-market-map)[Market map · United Kingdom **Algae and seaweed market map: United Kingdom** 13 startups · 3 segments · $159M](https://millionrounds.com/market-maps/algae-and-seaweed-united-kingdom-market-map)[Market map **Marketing tech market map** 1,963 startups · 7 segments · $41B](https://millionrounds.com/market-maps/marketing-tech-market-map)[Market map **Fintech market map** 1,633 startups · 8 segments · $139B](https://millionrounds.com/market-maps/fintech-market-map) ## Who backs algae and seaweed? Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports. [Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[Top lists](https://millionrounds.com/top-lists)